September 28, 2016
The Company provides testing (in laboratories and on-site) and certification of building materials, welding products, processes and personnel for manufacturing and construction firms. The Company’s diversified customer base includes engineers, architects, land and buildings surveyors), public administrations and entities, private firms, construction firms, buildings, infrastructures, railways, concrete producers, carpenter’s shops and shipbuilding. Its 10,000 customers are located throughout Italy.
The Company is one of only five building materials testing labs in Italy that can meet the stringent requirements to work on public sector projects. Highly skilled and experienced employees work with a strong problem-solving and customer-oriented approach to maximize customer satisfaction. There is an experienced management team of 5 key people already in place.
The Company has just entered the market of welding systems, products and processes certification, which represents a significant growth opportunity; other expansion opportunities include offering certification/ training services for welding and related roles as well as growing the Company’s commercial customer base within and beyond Italy.
The global Testing, Inspection and Certification industry is expected to reach USD 50.6 billion by 2020, growing at a CAGR of 5% between 2015 and 2020. Factors such as new regulation standards, outsourcing of the testing, inspection and certification services, concern about product quality and safety, and globalization of trade are driving market growth.
Est. 2016 Revenue: EUR 3.0 million
Est. 2016 Adj. EBITDA: EUR 733,000